Institute of Medicine: Workshop on Resources for Population Health Improvement

Don Hinkle-Brown, CEO, The Reinvestment Fund February, 2014

TRF Profile

Real Estate Development

Policy Solutions

Business Lines

Lending and Investing

$1.3 billion in cumulative investments and loans throughout the mid-Atlantic.

Currently manage $709 million in capital, with more than 850 investors.

Top CARS score of AAA+1 (most recent 2012). TRF is 1 of only 5 CDFIs in the country with the top rating.

PolicyMap

The Reinvestment Fund builds wealth and opportunity for low-wealth people and places through the promotion of socially

and environmentally responsible development.

ORGANIZED PEOPLE

ORGANIZED MONEY

ORGANIZED CAPACITY

ORGANIZED DATA

How We Work

Lending and Investment

TRF finances a variety of projects and activities including food access, health care, education and housing, to build healthy communities in under-invested places.

TRF’s financial expertise in managing and delivering capital is evidenced by the number of targeted funds we manage.

Baltimore Integration Partnership

Chase NMTC Charter School Fund

PA Fresh Food Financing Initiative

New Jersey Food Access Initiative

PA Green Energy Loan Fund

Sustainable Development Fund

Collaborative Lending Initiative

Our Outcomes

20,230 homes 37,740 charter school seats

62,700 jobs 12.4 million sq. ft

of commercial space

5.3 million MWh of clean energy

Policy Solutions

Combines rigorous data analysis with a distinctive ability to help clients think spatially. Real Estate Market Analysis

Market Value Analysis (MVA) Limited Supermarket Access (LSA) Commercial corridors analysis Foreclosure analysis and prevention

strategies

Program & Social Impact Assessment Estimating Supermarket Access, School

Lunch Analysis, Grantmaker Advisory

MVAs completed

Milwaukee, WI

Philadelphia, PA Baltimore, MD Washington, DC Camden, NJ Newark, NJ Highlands, NJ Meadowlands, NJ Mercer, NJ Oranges, NJ

Riverline Towns, NJ Pittsburgh, PA (update in process) Reading, PA Wilmington, DE Detroit, MI San Antonio TX Houston, TX

ONE TWO OR MORE

New Orleans, LA

St. Louis, MO

MVAs in process and coming soon

COMING SOON IN PROCESS Prince George’s County, MD

Atlanta, GA Denver, CO Minneapolis, MN Monongahela Valley, PA Jersey City, NJ

Wilmington, DE San Antonio, TX

Pittsburgh, PA

PolicyMap

National data mapping and analysis tool

Easy, online access to data and analytical tools in a sophisticated yet user-friendly web platform

Over 15,000 data indicators as well as proprietary TRF analytics, with frequent additions

Real Estate Development

TRF Development Partners works in distressed neighborhoods across the mid-Atlantic

TRF DP’s housing investments are based on three tenets:

1. Building from strength 2. Development with an understanding

of the existing built environment 3. Homes that are designed with eye

towards quality and high design standards

Jersey City Neptune Township Camden

Wilmington Baltimore

Real Estate Development

Created 279 units of housing and secured over $110 million towards development in the last 5 years. In Baltimore’s Oliver neighborhood, TRF DP has teamed with IAF affiliate BUILD, and its network of community leaders. Their efforts have resulted in a 35% drop in total vacant homes.

What is a CDFI?

A certified Community Development Financial Institution (CDFI) is a specialized financial institution that works in market niches that are underserved by traditional financial institutions.

CDFI certification is a designation conferred by the CDFI Fund and is a requirement for accessing financial and technical award assistance from the CDFI Fund.

CDFIs are required to maintain accountability to their defined target markets

CDFI also have a rating system - CARS™, the CDFI Assessment and Rating System. It is a comprehensive, third-party analysis of community development financial institutions that aids investors and donors in their investment decision-making.

Organizations are rated based on: Impact Performance Policy Plus Financial Strength and Performance

What is a CDFI?

Community Development and Public Health

Convergence of Intent

Healthy Communities Meme - Made Real

Affordable Housing “plus”,

Accessibility, Continuum

Spatial Analysis of

Human Services Supply & Demand

Transit Orientation,

Livability, Walkability

Access to Healthy Fresh

Foods, “Lets Move”

Environmental Focus,

Sustainability, Local

Economies

Convergence of Data

PolicyMap Free web-based mapping and analysis

tool with over 125 health data indicators for entire nation from the Centers for Disease Control, USDA,

etc.

Uniform Data System Information on operation and

performance of health centers. UDS is a reporting requirement for Health

Resources and Service Administration (HRSA) grantees

Community Health Needs Assessment

Free web-based platform with data to better understand the needs and

assets of their communities

Convergence of Focus Convergence of Focus

Emerging Innovations

TRF and Healthy Food Access

TRF is a national leader in financing stores that provide quality fresh food at competitive

prices in low-income communities

TRF works to reduce inequitable access to healthy foods by:

Underwriting loans and providing grants to support viable supermarkets and projects.

Advocating to increase public awareness on food accessibility.

Conducting policy research work related to supermarket development, food systems and free and reduced price lunch programs.

Providing technical assistance services to CDFIs, foundations and other organizations to close the gap in access/knowledge.

Healthy Food Financing

TRF has financed 130 healthy food projects across the mid-Atlantic totaling over $180 million

TRF’s healthy food financing program is designed to attract supermarkets and grocery stores to underserved urban and rural communities

Healthy Food Access Research

TRF is also a leader in research on issues related to improving access to healthier foods in distressed communities with focus on

the economics the supermarket industry.

Developed methodology to identify areas with inadequate access to supermarkets and assess potential market viability

Developed methodology analyzing supermarket competition and barriers to entry

Examined the economic reasons for the lack of supermarkets in distressed urban areas

Analyzed economic impact of new supermarket development on surrounding communities

Reviewed existing programs designed to encourage people to eat and shop for healthier foods

LSA Analysis

Nationwide analysis of areas with inadequate

and inequitable access to healthy foods.

LSA areas are where residents must travel significantly farther to reach a supermarket than the “comparative acceptable” distance that residents in well-served areas travel to stores.

1,519 clusters around the US including 18,630 block groups. With an average size of 9,000 people.

Areas with strongest need for supermarkets

based on access, demand, and leakage data.

22

Building Capacity

Partnered with CDFI Fund and the Opportunity Finance Network to train CDFIs as part of Financing Healthy Food Options initiative.

Providing programmatic technical assistance to states seeking to establish supermarket financing programs. TRF was an advisor to programs in California, New York, Colorado and New Orleans.

Partnering with PolicyLink and The Food Trust to advocate for healthy food access nationwide Created Healthy Food Access Information Portal to support communities

nationwide to implement healthy food access projects. Supported by Robert Wood Johnson Foundation, HealthyFoodAccess.org is the nation’s first information portal devoted to food access.

Hosts annual national convening that brings together HFFI grantees, federal officials, public policy advocates, grantmakers and other stakeholders.

New Jersey Pennsylvania District of Columbia Maryland Delaware Ohio Florida Colorado

Northern California and Central Valley

National partnership: • The Reinvestment Fund • Finance Fund Capital

Corporation • FL Community Loan Fund • Northern California

Community Loan Fund • Colorado Enterprise Fund • JPMorgan Chase

Community Health Center Financing

According to estimates from the National Association of Community Health Centers, the Affordable Care Act (ACA) is expected effectively double the number of people serviced by these health centers in the next few years.

Provides community health center operators with affordable, flexible financing for the construction, renovation or expansion of their facilities.

Health Centers financed

Tacoma Community Health Care, WA

Newark Community Health Center, NJ

Progressive Community Health Center, WI

Shasta Community Health Center, CA

Punxsutawney Primary Health Network, PA

Family Health Services of Drexel, PA

National partnership: • The Reinvestment Fund • Low Income Investment

Fund • Primary Care Development

Corporation • Kresge Foundation • Goldman Sachs • Rockefeller Foundation

Social Determinants Index

Identifying a measure of community health TRF is working to develop a national methodology to

assess community health disparities A roadmap for the intersection of community

development (CRA), and the social determinants of health